Honda acquires LG Energy’s Ohio EV battery plant for $2.9B
On the Dash:
Honda is buying LG Energy’s Ohio EV battery plant and related assets for $2.9 billion, with the deal expected to close by February 2026.
The sale reflects...
TSLA358.22014.53%
GM86.160-3.17%
F12.440-0.09%
RIVN13.6100.32%
CYD20.000-0.01%
HMC35.780-0.48%
TM216.190-1.92%
CVNA73.5701.49%
PAG212.3600.16%
LAD308.770-7%
AN184.000-4.12%
GPI261.350-5.15%
ABG202.650-4.38%
SAH61.710-1.09%
TSLA358.22014.53%
GM86.160-3.17%
F12.440-0.09%
RIVN13.6100.32%
CYD20.000-0.01%
HMC35.780-0.48%
TM216.190-1.92%
CVNA73.5701.49%
PAG212.3600.16%
LAD308.770-7%
AN184.000-4.12%
GPI261.350-5.15%
ABG202.650-4.38%
SAH61.710-1.09%
TSLA358.22014.53%
GM86.160-3.17%
F12.440-0.09%
RIVN13.6100.32%
CYD20.000-0.01%
HMC35.780-0.48%
TM216.190-1.92%
CVNA73.5701.49%
PAG212.3600.16%
LAD308.770-7%
AN184.000-4.12%
GPI261.350-5.15%
ABG202.650-4.38%
SAH61.710-1.09%
EVs & Technology
Polestar secures $300M lifeline as EV maker struggles with losses
On the Dash:
Polestar secured $300 million in financing and converted $300 million of debt into equity to improve liquidity.
The EV maker has lost nearly all market value since...
Ford scales back EV plans, pivots to energy storage with Chinese battery tech
On the Dash:
Ford shifts focus from EVs to energy storage by leveraging CATL’s LFP technology, converting its Kentucky plant to produce stationary storage batteries.
Chinese tech partnership navigates U.S....
Court ruling restores Musk’s 2018 Tesla pay plan, ending years-long dispute
On the Dash:
The Delaware Supreme Court reinstated Elon Musk’s $139 billion 2018 Tesla pay package, reversing a lower court ruling.
Musk’s net worth rose to $749 billion, widening his...
Volkswagen pauses US ID. Buzz sales as EV demand cools
On the Dash:
Volkswagen is halting U.S. exports of the ID. Buzz after just over a year due to slow sales, high pricing, and excessive dealer inventory.
The expiration of...
Waymo resumes robotaxi service in San Francisco after blackout disruptions
On the Dash:
Waymo’s service pause highlights how infrastructure failures can disrupt fully driverless systems, even as robotaxi deployments expand.
The incident underscores regulatory and operational contrasts between Waymo’s driverless...
2026 Vision: How state-backed digital titling will reshape dealer balance sheets
A new kind of strategic planning for 2026
As dealers look toward 2026, the conversation is shifting from reacting to conditions to intentionally shaping them. The industry is settling into a...
Hyundai, Kia agree to retrofit 7 million U.S. vehicles to curb thefts
On the Dash:
Hyundai and Kia will retrofit about 7 million U.S. vehicles and install immobilizers on all new models.
The deal resolves an investigation by 35 state attorneys general...
Ford scraps F-150 Lightning, takes $19.5B hit as EV demand declines
On the Dash:
Ford has canceled the successor to the F-150 Lightning, known as the T3 truck, and has shelved its plans for electric vans, shifting its focus to a...
Global EV sales slow to 6% in November
On the Dash:
U.S. EV sales have declined since federal tax credits ended, signaling slower demand for dealerships in North America.
Europe remains a growth hotspot, with registrations up 36%...
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